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The structure of an organisation is likely to change as the organisation develops and grows. Which type of structure is associated with an organisation which is in its early days?

Options:

Entrepreneurial

Functional

Divisional

Matrix

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Question 2

With the use of increasingly sophisticated systems and improved communications, the focus of the accountant's role has changed in recent years to which of the following?

Options:

Business support

Variance reporting

Treasury management

Statutory reporting

Question 3

Which of the following best defines Business Process Re-engineering (BPR)?

Options:

BPR involves fundamental changes in the way the organisation operates.

BPR is the continuous examination and improvement of processes.

BPR is based on the idea that 80% of an outcome is dependant on only 20% of the inputs.

The main aim of BPR is to save costs.

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Managing Finance in a Digital World Questions and Answers

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